In my occasional commentary on the coming economic stimulus, I've operated on the George Mickelson theory of "If it's gonna rain, have your bucket ready"—i.e., the assumption that a big bill is coming no matter what, so we'd better at least fight to optimize it... or, as the Republicans on the Highway 34 for the Future committee are planning, to get their fair share.
But what if the stimulus not only won't save us, but shouldn't save us? Might the best policy option be for the government to stand aside and let the recession give us the whoopin' we need?
Hey, this isn't just my crazy talk. Listen to Peter Schiff, president of Euro Pacific Capital (hat tip to an eager reader!), in this interview with Yahoo Finance Tech-Ticker today:
Enjoy your weekend while you ponder that suggestion for tough economic love.
Pettigrew is topic at Cultural Heritage Center - Former legislator and former U.S. Sen. Richard Pettigrew, who moved to Sioux Falls in 1870 and promoted the city for the rest of his life, will be the topi...
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